24
Oct
01:00
Chinas steel output to peak at 870 million tonnes within 5 years says MPI
China’s steel output and demand will peak around the middle of the 13th five-year plan period (2016-2020) before beginning to decline to a more sustainable level. This is according to Li Xinchuang, president of the Metallurgical Industry Planning and Research Institute (MPI) and deputy secretary general of the China Iron and Steel Association (CISA). Profitability would remain a challenge in a highly competitive and increasingly regulated environment, he adds…
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Anonymous
Very good overview of the weekly steel market.
Anonymous